Venture Capital

Air Street Capital: New $121 Million Fund Closed To Invest In AI Companies

By Amit Chowdhry ● Sep 11, 2023

Air Street Capital is a VC firm investing in AI-first technology and life science companies. The firm recently announced that it closed a new $121 million fund.

CLARA Analytics: $24 Million Secured For AI-Based Insurance Claim Optimization

By Annie Baker ● Sep 11, 2023

CLARA Analytics - a leading provider of artificial intelligence (AI) technology for insurance claims optimization - recently announced its $24 million Series C funding, bringing its total funding to $60 million. This funding round was led by new investor Spring Lake Equity Partners, with participation from existing investors, including Aspen Capital Group, Oak HC/FT, and QBE Ventures.

Open Cosmos: $50 Million Raised To Democratize Access To Space Data

By Amit Chowdhry ● Sep 11, 2023

Open Cosmos – a leading space tech business making satellites that gather data to solve pressing global challenges – recently announced that it has raised $50 million in Series B funding from three leading impact investors, ETF Partners, Trill Impact, and A&G. The funding round also included Accenture Ventures, Banco Santander InnoEnergy Climate Tech Fund and Claret Capital Partners, with participation from Taavet Hinrikus and Kheng Nam Lee.

Qualiti.ai: Test Automation Solution Company To Expand Sales With New Funding Round

By Amit Chowdhry ● Sep 8, 2023

Qualiti.ai - a Utah-based software test automation solution - recently announced the closing of a $6.5 million seed round. Sierra Ventures led this funding round, with participation from Epic Ventures.

Viome Life Sciences To Expand Retail Expansion Efforts With New Funding Round

By Annie Baker ● Sep 8, 2023

Viome Life Sciences - a longevity company committed to translating scientific advancements into practical and individualized health solutions - recently announced the successful closure of its $86.5 million oversubscribed Series C funding round. The major investors include Khosla Ventures, Bold Capital, WRG Ventures, and other existing and new ones. And the funding round brings Viome's total to $175M and will be used to support research and development and retail expansion efforts.

FIGUR8 To Advance bioMotion Assessment Platform With New Funding Round

By Noah Long ● Sep 8, 2023

FIGUR8 - a leading innovator in the measure of musculoskeletal (MSK) health, has successfully closed a $25 million Series A-1 funding. The funding round was led by First Spark Ventures (FSV) with participation from DigiTx Partners and Phoenix Venture Partners.

SportsVisio: Bringing Generative AI To Sports Analytics With New Funding Round

By Dan Anderson ● Sep 8, 2023

SportsVisio - a new AI-powered software company bringing image-based deep learning to the sports analytics space - recently announced a $3 million seed round led by Sapphire Sport, a first-of-its-kind early-stage investment platform at the intersection of tech, media, entertainment, and sport. SportsVisio's AI technology is bringing augmented reality to the amateur sports level, allowing players, coaches, and parents to record any game or live event on their smartphone and enabling users to stream live, review statistics, access insightful analytics, and create real-time highlights.

Olis Robotics: University of Washington Spinoff To Address Remote Robot Management Demand With New Funding Round

By Amit Chowdhry ● Sep 8, 2023

Olis Robotics - a remote monitoring, control, and error recovery technology specialist for industrial robots - recently announced that it has raised $4.1 million funding in a round led by PSL Ventures. And additional investors include Tectonic Ventures, Ubiquity Ventures, and several prominent strategic angel investors, including robotics pioneer Daniel Theobald, the President and co-founder of MassRobotics and Founder and Chairman of Vecna Robotics.

Story Protocol: $54 Million Closed To Manage The Lifecycle Of IP Development

By Noah Long ● Sep 7, 2023

Story Protocol - an open infrastructure designed to power a new era of creativity and intellectual property (IP) ownership - announced it has raised more than $54 million in funding led by a16z crypto. The company is creating a new IP protocol optimized for the internet era. and aims to democratize IP creation through a global and extensible IP repository.

Josys: SaaS And Device Management Company Secures $93 Million In Funding

By Amit Chowdhry ● Sep 7, 2023

Josys - a leading SaaS and Device Management Platform - recently announced a successful Series B funding round of $93 million, bringing the total funding to $125 million. Global Brain and Globis Capital Partners led the round.

Mediafly: Revenue Enablement Company To Advance Strategy With New $80 Million Funding Round

By Amit Chowdhry ● Sep 7, 2023

Recurrent Energy To Diversify Project Pipeline After Securing $112 Million

By Annie Baker ● Sep 7, 2023

Canadian Solar recently announced that Recurrent Energy, its wholly owned subsidiary for global project development and power services, secured $112 million in project financing for its 160 MW (120 MWac) North Fork Solar project, located 100 miles southwest of Oklahoma City. The project is expected to be operational in 2024.

dcbel To Accelerate Home Energy Station With New Funding Round

By Dan Anderson ● Sep 7, 2023

Smart home energy company dcbel and existing investors Volvo Cars, Coatue, Kevin Mahaffey, and Real Ventures recently announced that they welcomed Idealist Capital following the closing of a successful $50+ million Series B funding round.

Otto (Formerly TeleVet) To Advance Customer Engagement Platform For Veterinary Clinics With New Funding Round

By Amit Chowdhry ● Sep 7, 2023

Otto (formerly TeleVet) - a leading customer engagement platform for veterinary clinics - recently announced a $43 million Series B round of equity financing.

Innovac Therapeutics: mRNA Therapeutics Company Closes $18 Million In Funding

By Annie Baker ● Sep 7, 2023

mRNA therapeutics company Innovac Therapeutics recently announced the completion of an $18 million Series Pre-A financing. The funding round includes Elikon Venture, Vision Plus Capital, Yunion Healthcare Ventures, TG Sino-Dragon Fund, and other industry and private individuals. And the proceeds will be used to develop further its technology platform and manufacturing capability to advance its lead programs to the clinical stage.

Arcion: New Funding Round And Product Capabilities Announced

By Amit Chowdhry ● Sep 6, 2023

Arcion - the only real-time in-memory change data capture (CDC) solution replicating enterprise databases using log-based change data capture in real-time into cloud lakehouses and data warehouses to power the next generation of AI applications - recently announced a few highlights. The new highlights include new connectors to extract data in real-time from cloud warehouses; rapidly growing enterprise adoption of Arcion to serve real-time AI applications; new partnerships with Confluent and Redis to democratize data mobility further; and new funding from Hewlett Packard Enterprise to fuel further development.

Cerby: Comprehensive Access Management Platform Raises $17 Million

By Amit Chowdhry ● Sep 6, 2023

Cerby - a comprehensive access management platform for nonstandard applications - recently announced that the company has raised $17 million in Series A funding. Two Sigma Ventures led the funding round with significant participation from Outpost Ventures, an investment platform of Neuberger Berman. And participating investors include Ridge Ventures, Founders Fund, Bowery Capital, AV8, Salesforce Ventures, Tau Ventures, Okta Ventures, Incubate Fund, and Ben Johnson, co-founder of Obsidian Security and Carbon Black.

Translucent: Accounting And Financial Management Platform Secures £5 Million

By Amit Chowdhry ● Sep 6, 2023

Translucent - an accounting platform solving the financial management problems of multi-entity and multi-national businesses - recently announced it has raised a £5 million seed round co-led by Chalfen Ventures and LocalGlobe. This follows a £2.7 million pre-seed round less than six months ago, bringing its total investment to £7.7 million.

Rapport Therapeutics: $150 Million Raised To Utilize The Science Of Receptor-Associated Proteins To Advance Precision Neuromedicines

By Amit Chowdhry ● Sep 6, 2023

Rapport Therapeutics - a clinical-stage biotechnology company leveraging the science of receptor-associated proteins (RAPs) to advance precision neuromedicines - recently announced that it has raised $150 million in Series B funding. Led by Cormorant Asset Management, the round includes investments from Fidelity Management & Research Company, Goldman Sachs Asset Management, Logos Capital, Perceptive Advisors, Sofinnova Investments, Surveyor Capital (a Citadel company), funds and accounts advised by T. Rowe Price Associates, Inc., and all existing investors, which include Third Rock Ventures, ARCH Venture Partners and Johnson & Johnson Innovation – JJDC, Inc. (JJDC).

DICE: Independent Music Ticketing Platform Company Closes $65 Million

By Amit Chowdhry ● Sep 6, 2023

DICE - the world’s largest independent music ticketing platform - recently announced it has raised a $65m funding round led by MUSIC, the first-ever diversified investment company focused exclusively on music and music-adjacent businesses. MUSIC’s CEO Matt Pincus will join the DICE Board of Directors. Other investors include Structural Capital and Ahdritz Holding LLC, the investment vehicle for Willard Ahdritz, founder and chairman of Kobalt Music, with follow-on investments from Exor Ventures and Mirabaud Lifestyle Fund.

Elemental Cognition: Breakthrough AI Tech Company Raises $60 Million

By Dan Anderson ● Sep 5, 2023

Elemental Cognition (EC.ai) - a provider of breakthrough AI technology - recently announced that it has closed $60 million in connection with its Series B fundraising, including participation from Bridgewater Associates, Breyer Capital, AME Cloud Ventures, Staged Ventures, and other individuals.

Rent Butter: Tenant Screening Solution Company Raises $3 Million

By Amit Chowdhry ● Sep 5, 2023

Rent Butter - an advanced tenant screening solution designed specifically for the workforce and affordable housing - recently announced the completion of its seed financing round. The $3 million round was led by RET Ventures, an industry-backed venture fund focused on single and multi-family real estate technology. RET’s investment comes from the RET Ventures ESG Fund - which invests in technologies that benefit real estate operators while advancing social or environmental goals.

Realization Capital Partners: Over-Subscribed Fund II Closed At $323 Million

By Amit Chowdhry ● Sep 5, 2023

Realization Capital Partners Management recently announced the closing of its second investment fund, Realization Capital Partners II, L.P. at $323 million. The Fund received strong support from various investors, including multi-family offices, RIAs, single-family offices, endowments, foundations, and industry executives.

FlipGive: Cashback Rewards Company Secures C$5 Million

By Annie Baker ● Sep 5, 2023

FlipGive - a leading cashback rewards and end-to-end fundraising solution for youth sports teams - recently announced a successful CAD 5 million financing round. The funding raised in the round will be applied further to grow the FlipGive direct-to-consumer app across North America and to scale FlipGive's new white-label embedded cashback rewards shopping platform.

Spencer Health Solutions: Series D Raised To Improve Patient Engagement And Medication Adherence

By Noah Long ● Sep 5, 2023

Spencer Health Solutions - a health technology provider focused on improving patient engagement and medication adherence for clinical trials and commercial pharmaceutical programs while also easing the burden of medication management for patients and caregivers - recently announced the successful close of its Series D funding round, having raised an initial $43 million with additional funding expected before the end of the year. This funding round reflected the progress made at Spencer Health Solutions and the significant market response to its platform.

Superframe: $5 Million Secured To Optimize Go-To-Market Tool Stack Configuration

By Amit Chowdhry ● Sep 5, 2023

Superframe - an AI-powered tool for optimizing companies’ Go To Market tool stack configuration - recently announced that it has raised a $5 million Seed round led by Dan Scholnick (Four Rivers) and Designer Fund and joined by a consortium of angel investors, including Essence VC, Nick Mehta, Lauren Antonoff, Pete Kazanjy, Bob Moore, Leslie Fine, and others.

ViAqua Therapeutics: $8.25 Million Closed To Improve Animal Health In Aquaculture

By Annie Baker ● Sep 5, 2023

ViAqua Therapeutics - a biotechnology company and developer of an orally administered RNA-particle platform to promote and improve animal health in aquaculture - recently announced it has completed a US$8.25 million round led by S2G Ventures with participation from Rabo Ventures, The Trendlines Group Ltd., Agriline Limited, Nutreco, I-Lab Angels and Circle Investments LLC.

Integral: $6.9 Million Raised To Safeguard Privacy And Maximize Data Quality

By Amit Chowdhry ● Sep 5, 2023

Integral - an innovator in safeguarding privacy and maximizing data quality - recently announced it raised a $6.9 million seed round to protect sensitive health data and provide automated expert certification software enabling health and life sciences companies to access compliant de-identified data in hours rather than months. Haystack, The General Partnership, and Virtue Ventures led this seed round of funding, with additional support from Also Capital, Array Ventures, Caffeinated Capital, GreatPoint Ventures, LiveRamp Ventures, and Venrex.

Coalesce Capital: Inaugural Investment In Examinetics Completed

By Amit Chowdhry ● Sep 5, 2023

Coalesce Capital - a private equity firm focused on investing in business services companies - recently announced that it has teamed with Freedom 3 Capital, an existing Examinetics shareholder, and management to recapitalize Examinetics, a leading provider of occupational health compliance testing services.

ThetaRay: AI-Powered SONAR Transaction Monitoring Solution Company Raises $57 Million

By Noah Long ● Sep 5, 2023

ThetaRay - a leader in next-generation AI-powered secure global payments - recently announced today a significant growth round led by Portage, with investments by existing investors JVP, OurCrowd, and others. This investment will enable ThetaRay to accelerate global growth plans and capitalize on significant market demand as Banks and FinTechs urgently look to replace legacy tools with next-generation financial crime detection technology. ThetaRay also recently appointed Peter Reynolds – who drove the company’s growth as Chief Revenue Officer as CEO.